State Street has been appointed to provide administration services to the two new ETPs issued by DWS: the Xtrackers Galaxy Physical Bitcoin ETC Securities (XXBT) and the Xtrackers Galaxy Physical Ethereum ETC Securities (XETH), both of which are listed on Deutsche Börse. State Street will work alongside Zodia Custody and Coinbase, which have been appointed…
Month: April 2024
ETC consolidates with Zodia
The ETC Group, a Germany-based digital asset ETP issuer, has formed a partnership with Zodia Custody which will see a migration of assets from existing ETC Group products — including the recently launched ETC Group Ethereum Staking ETP (ET32) — to Zodia. In 2023 ETC appointed Komainu as custodian for its first index ETP and…
AMINA extends partnership with Taurus
Taurus, the Switzerland-based provider of digital asset infrastructure for banks and regulated players, has extended its partnership with AMINA Bank (formerly SEBA). The Swiss crypto bank, a Taurus client since 2019, has signed an agreement to extend the strategic collaboration with Taurus and move to Taurus-PROTECT v4. AMINA will be among the first subscribers to…
Kraken launches crypto custody solution
Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…
Fireblocks hires CMO
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has hired Michal Ferguson as chief marketing officer. Prior to joining Fireblocks, Ferguson built and scaled the go-to-market functions at Snyk, a cybersecurity platform that integrates directly into development tools, workflows, and automation pipelines. BNY Mellon took a stake in Fireblocks in…
Komainu supports USYC
Komainu, a UK-regulated digital asset custody service provider that is partly backed by Nomura, will provide custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu. USYC is designed to generate…
Tungsten gets ADGM approval
Tungsten, the UAE-based custody provider, has secured a licence from the Financial Services Regulatory Authority (FSRA) to operate from the Abu Dhabi Global Market (ADGM). Tungsten provides secure, regulated digital assets custody for institutional investors.